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I'm not the first to talk about this strategy and won't be the last so feel free to chime in here. Over the past decade of deploying a very successful BRRR model across the Pacific Northwest, I've been able to perfect...
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Hi can someone help me with valuing a property. I use actual income. Would you use actual vacancy as well? The deals I am looking at have low vacancy. If I buy the property and increase the rents the vacancy would go ...
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I have read through all the ARV articles but they seem geared towards single family homes. How do you estimate ARV for a multifamily? From what I understand, rental property values are more based on the cash flow than...
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Good Afternoon! I am looking at a deal on a piece of raw land. I drove past and it's in a decent residential area - as far as I can tell someone must have planned on building on it at some point, but then the deal f...
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Hi BP friends!
I was wondering how do you determine "good" vs "bad" private lenders? I am not in a need for financing at this point... But just curious for the future. There are ton of people here and there offering t...
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This question was just asked of me via PM and I thought it was a great question, enough to create a thread about it.
Here was the full question:
"Hi Will, Just starting to make offers on Reo's. If my offer is accepted...
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Hey BP! I recently purchased a 4-family in an okay area of St. Louis and with the building I've inherited 4 tenants. A month into ownership, a few neighbors started complaining about the neighbor from one of the units...
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Hello! A bit about me:My wife and I bought our first house a few months ago in Long Beach area (CA) with 5% down. It already has a JADU (attached studio) that rents for $1350 for 350 sq ft with private washer/dryer an...
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Hello my name is Anthony I currently manage my property in Magna Utah. One of my current tenants that signed a few months back into our lease agreement informed he would be acquiring an Emotional Support Animal. I man...
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I want to know if anyone knows a way to find out who manages a rental property. I want to verify that my applicant gave me the right contact information of their previous landlord/property manager and not his friend p...